HLIT Options History — January 2020

In January 2020, HLIT traded between $7.06 and $8.32. ATM implied volatility averaged 53.5%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 27.7% (HV 20d: 25.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.12.

Notable Days

  • 2020-01-14: Highest Volume — 1,522 contracts
  • 2020-01-13: Largest IV spike — 47.6% change
  • 2020-01-24: Highest IV Rank — 74.6%
  • 2020-01-24: Largest Expected Move — 20.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.93$7.06$8.32$7.76$7.06
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV53.5%28.2%72.4%33.2%67.8%
Expected Move16.8%9.5%20.8%9.5%19.4%
HV 20d25.8%23.2%33.6%25.9%33.6%
HV 60d37.7%24.0%42.7%42.7%27.8%
IV Rank45.0%5.7%74.6%13.4%67.3%
IV Percentile66.1%2.8%96.0%12.7%93.7%
Term Structure-8.0%-19.9%15.3%15.3%-12.4%
VWIV66.2%53.9%86.6%53.9%67.7%
Skew 25d11.5%-9.8%36.3%14.4%4.8%
Skew 10d23.1%-17.3%70.0%22.5%11.6%
Call IV 25d52.9%35.0%83.6%36.9%59.3%
Put IV 25d64.4%51.4%115.3%51.4%64.1%
Bid-Ask Spread %73.0120.2090.4781.3571.68
Gamma HHI0.710.580.800.720.63
Net GEX46.3K36.1K58.6K36.1K45.6K
Net DEX-1.8M-2.5M-995.8K-1.3M-995.8K
Net VEX-5.8K-7.4K-4.9K-5.1K-6.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.000.870.000.00
Total Volume336.52401,5221835
Total OI6,754.6195,8267,9605,8267,960

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$7.76$7.5033.2%9.5%25.9%13.4%0.0%14.4%15.3%36.1K-1.3M-5.1K0.0081.35N/AN/A103,6382,188
2020-01-03$7.74$7.5036.6%10.5%25.9%18.8%0.0%18.0%12.1%36.5K-1.2M-5.2K0.0070.25N/AN/A26413,6392,188
2020-01-06$7.71$7.5034.3%13.8%25.8%15.1%0.0%13.7%-4.0%42.9K-1.3M-5.3K0.0081.32N/AN/A023,8892,189
2020-01-07$7.74$7.5039.4%14.5%24.3%23.1%0.0%15.3%-6.6%41.9K-1.4M-5.2K0.0080.47N/AN/A10003,8892,189
2020-01-08$7.88$7.5033.1%15.6%25.3%13.2%0.0%19.3%-7.9%39.2K-1.5M-5.1K0.0079.61N/AN/A40203,8642,189
2020-01-09$7.89$7.5033.6%14.1%25.3%14.0%0.0%17.3%-4.0%43.4K-1.7M-5.4K0.0081.47N/AN/A104,1002,189
2020-01-10$7.83$7.5028.2%14.7%25.2%5.7%0.0%18.1%-7.2%46.0K-1.6M-5.3K0.0081.13N/AN/A004,0992,189
2020-01-13$8.11$7.5041.6%15.4%27.9%26.6%53.9%20.2%-7.9%37.4K-1.9M-5.0K0.0083.82N/AN/A15504,0992,189
2020-01-14$8.11$7.5053.8%17.5%23.5%45.6%61.2%24.9%-13.0%37.8K-1.9M-4.9K0.0090.47N/AN/A1,52024,0872,189
2020-01-15$8.19$7.5061.7%17.7%23.5%57.9%62.1%1.2%-13.4%48.4K-2.4M-5.6K0.1069.44N/AN/A105104,8522,191
2020-01-16$8.28$7.5059.8%17.1%23.6%54.9%59.9%4.1%-11.1%47.0K-2.5M-5.3K0.0076.39N/AN/A18304,9312,201
2020-01-17$8.22$7.5060.0%17.2%23.9%55.2%54.5%22.1%-12.6%48.4K-2.5M-5.3K0.2581.80N/AN/A64164,8992,201
2020-01-21$8.11$7.5066.7%19.1%24.2%65.7%70.8%-3.7%-11.9%47.4K-2.1M-5.5K0.0042.56N/AN/A36004,0592,066
2020-01-22$8.26$7.5064.8%18.6%24.5%62.7%66.9%-2.1%-12.1%52.5K-2.3M-5.4K0.0020.20N/AN/A68804,3412,066
2020-01-23$8.32$7.5064.1%18.4%24.2%61.6%64.1%-1.9%-8.4%58.6K-2.5M-6.6K0.0068.82N/AN/A20605,0102,066
2020-01-24$8.15$7.5072.4%20.8%25.2%74.6%73.2%1.1%-19.9%56.4K-2.4M-6.8K0.8668.06N/AN/A4774115,0832,066
2020-01-27$8.19$7.5068.8%19.7%24.8%69.0%68.8%-1.1%-9.8%54.8K-2.3M-7.2K0.2069.93N/AN/A246505,1952,446
2020-01-28$8.01$7.5069.1%19.8%23.2%69.4%69.0%29.6%-12.6%54.6K-2.2M-7.4K0.0069.66N/AN/A35405,2882,496
2020-01-29$7.62$7.5065.9%18.9%29.6%64.4%86.6%36.3%-10.4%50.8K-1.6M-7.0K0.0082.13N/AN/A43605,0672,496
2020-01-30$7.28$7.5068.2%19.6%32.2%68.0%68.2%-9.8%-11.3%46.7K-1.3M-7.1K0.8782.57N/AN/A95835,3682,496
2020-01-31$7.06$7.5067.8%19.4%33.6%67.3%67.7%4.8%-12.4%45.6K-995.8K-6.6K0.0071.68N/AN/A83235,4332,527